Russia-Ukraine War - News, Discussions & Updates

[Viet]

Russia made up the bulk of Soviet Union It is the same thing

Not the same
Russia itself is a multiethnic. They call themselves as Russia federation.Russians are just part of. why not take the other groups? They deserve the credit, too. Putin keeps all together with oppression and iron fist.

 

[Mobius]

https://twitter.com/x/status/1840463658478076097

 

[Nuffle]

You mix thing up. No, the oil price is not correlated to dollar purchasing power. If so the oil price must increase in line with dollar devaluation. But it’s not. You can check the russian urals crude oil price.

I posted the two charts showing this correlation. As I said, the long-term price of the benchmark oil is tied to the purchasing power of the dollar that prices it. If you don't want to accept that, that's not really my problem. Furthermore, traders who trade contracts against Urals are focused on the benchmark Brent, the index we were talking about.

Furthermore, if you still insist on this narrative, check the commodity prices and you will see that this correlation becomes even more evident. I have nothing more to say about this, we are getting off topic.